Stand-Up India

Central Government Entrepreneurship Verified Scheme Department of Financial Services
Type
Central Government
Category
Entrepreneurship
Status
Published

About This Scheme

Bank loans from Rs.10 lakh to Rs.1 crore for SC, ST and women entrepreneurs to set up a greenfield enterprise.

Stand-Up India facilitates bank loans between Rs.10 lakh and Rs.1 crore to at least one Scheduled Caste or Scheduled Tribe borrower and at least one woman borrower per bank branch for setting up a greenfield enterprise in manufacturing, services, trading or allied agricultural activities. The composite loan covers up to 85 percent of project cost, with a repayment tenure of up to eight years and a moratorium of up to 18 months. Handholding support through the Stand-Up India portal is also available.

Benefits

Collateral free loan of Rs.10 lakh to Rs.1 crore covering up to 85 percent of project cost, repayment up to eight years with moratorium of up to 18 months, and credit guarantee support.

Eligibility

SC, ST and women entrepreneurs above 18 years of age setting up a new greenfield enterprise in manufacturing, services, trading or allied sectors.

Who Can Apply

SC, ST and women applicants who are first time entrepreneurs establishing a new enterprise with project cost up to Rs.1 crore.

Who Cannot Apply

Existing business owners and those who have availed a similar loan earlier, applicants outside SC, ST and women categories, and partnership firms without the required eligible partner.

Required Documents

1
Aadhaar Card
2
Caste Certificate for SC and ST
3
Business Plan or Project Report
4
Educational Certificate
5
Address Proof
6
Bank Account Passbook
7
Passport Size Photograph

Application Process

Apply at any bank branch or through the standupmitra.in portal. The bank appraises the project and a handholding agency provides support for documentation and finance.

How to Apply Through FORM FILL

Step 01
Click "Apply Online"
Sidebar mein "Apply Online" button pe click karein. Agar login nahi hai toh pehle login karein.
Step 02
Fill Application Form
Apna naam, pita ka naam, mobile, email, Aadhaar, DOB, gender, category, address aur bank details bharein.
Step 03
Submit & Save Data
Form submit karein. Aapka data FORM FILL mein securely save ho jayega.
Step 04
Complete on Official Website
Official government website pe redirect hokar final submission karein. Hamare through apply karna 100% free hai.

Apply Now

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Scheme Information

Type Central Government
Category Entrepreneurship
Ministry Ministry of Finance
Department Department of Financial Services
Status Published
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